Midcap Financial Investment Corp. (MFIC) and Apollo Senior Floating Rate Fund Inc. and Apollo Tactical Income Fund Inc.'s (collectively referred to as "CEF") proposed merger received approval from CEF Stockholders recently. The approval was granted during the special stockholders meeting on Jun 21, 2024. On May 28, 2024, MFIC's stockholders approved the merger in a special meeting. The merger is expected to be closed in late July, subject to fulfillment of customary closing conditions. Stockholders of CEF w ...

Portfolio Review, Non-Accruals, NII Performance MidCap Financial Investment is a diversified business development company with a large focus on Senior Secured loans. The BDC owned a $2.35 billion portfolio, as of March 2024, with First Liens accounting for a whopping 97% of investments in the corporate lending portfolio. MidCap Financial Investment is also, as I alluded to in my last review of the business development company in December 2023, heavily geared towards floating-rate loans (100% of the corporat ...

J Studios/DigitalVision via Getty ImagesOverview I've covered a ton of business development companies ('BDC') in the last month, and there aren't many opportunities for attractive price entries in the sector. This is due to the mass price run of many quality BDCs, as they've all thrived in a higher interest rate environment. However, I believe that we have an attractive opportunity with MidCap Financial Investment Corp (NASDAQ:MFIC) as they are currently in the process of completing a merger. MFIC opera ...

MidCap Financial Investment Corporation (NASDAQ:MFIC) Q1 2024 Earnings Conference Call May 8, 2024 8:30 AM ET Company Participants Elizabeth Besen - Investor Relations Manager Tanner Powell - Chief Executive Officer Ted McNulty - President Greg Hunt - Chief Financial Officer Howard Widra - Executive Chairman Conference Call Participants Mark Hughes - Truist Kyle Joseph - Jefferies Robert Dodd - Raymond James Operator Good morning, and welcome to the Earnings Conference Call for the period ended March 31st, ...

Confidential and Proprietary - Not for distribution, in whole or in part, without the express written consent of Apollo Global Management, Inc. MidCap Financial Investment Corporation Disclaimers, Definitions and Important Notes Some of the statements in this presentation constitute forward-looking statements because they relate to future events, future performance or financial condition. The forward-looking statements may include statements as to: future operating results of MidCap Financial Investment Cor ...

For the quarter ended March 2024, MidCap Financial Investment (MFIC) reported revenue of $68.33 million, up 0.8% over the same period last year. EPS came in at $0.44, compared to $0.45 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $69.48 million, representing a surprise of -1.66%. The company delivered an EPS surprise of +2.33%, with the consensus EPS estimate being $0.43.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Exhibit 99.1 MidCap Financial Investment Corporation Reports Financial Results for the Quarter Ended March 31, 2024 Results for the Quarter Ended March 31, 2024 and Other Recent Highlights: New York, NY — May 7, 2024 — MidCap Financial Investment Corporation (NASDAQ: MFIC) or the "Company," today announced financial results for its quarter ended March 31, 2024. The Company's net investment income was $0.44 per share for the quarter ended March 31, 2024, compared to $0.46 per share for the quarter ended Dece ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR MIDCAP FINANCIAL INVESTMENT CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 9 West 57 Street 37th Floor th (Address of principal executive offices) (Zip Code) Maryland 52-2 ...

MidCap Financial Investment Corporation (NASDAQ:MFIC) Q4 2023 Earnings Conference Call February 27, 2024 8:30 AM ET Company Participants Elizabeth Besen - IR Manager Tanner Powell - CEO Ted McNulty - President Gregory Hunt - CFO Conference Call Participants Mark Hughes - Truist Casey Alexander - Compass Point Kenneth Lee - RBC Capital Paul Johnson - KBW Arren Cyganovich - Citi Operator Good morning, and welcome to the earnings conference call for the period ended December 31, 2023 for MidCap Financial Inves ...

MidCap Financial Investment Corporation Reports Financial Results for the Quarter and Fiscal Year Ended December 31, 2023 Results for the Quarter and Fiscal Year Ended December 31, 2023 and Other Recent Highlights: New York, NY — February 26, 2024 — MidCap Financial Investment Corporation (NASDAQ: MFIC) or the "Company," today announced financial results for its quarter and fiscal year ended December 31, 2023. The Company's net investment income was $0.46 per share for the quarter ended December 31, 2023, c ...